TL;DR: With a new update or NFT collection being released almost every day, it’s clear the crypto ecosystem is constantly evolving. CryptoDickButts is one of the NFT collections paving the road to the digital universe — but it’s just the beginning. Knowing what brought it here and why it was created will lead you to make better decisions when investing or simply interacting with CryptoDickButts.
In this article, we’re gonna dive into the CryptoDickButts lore, answer all the CryptoDickButts related questions and even more. Prepare yourself for a fantasy story and a journey to the future of CryptoDickButts!
What is CryptoDickButts?
CryptoDickButts is an NFT collection of pfps that live on the Ethereum blockchain.
Laugh all you want, but CryptoDickButts is the ultimate crypto meme. The name itself makes a 15-year-old and an adult cackle at the absurdity of it.
NFT + dick + butt = a collection for the ages 🥂
There’s really not much to say about the artwork. I mean, you have a bunch of pixelated characters with a bubbly butt and a dick coming out of their evacuation hatch.
The OG collection is made out of 52 CryptoDickButts, followed by series 2, with 104 more CryptoDickButts. Then, there’s series 3, which has 5200 CryptoDickButts for those who missed the joke.
And all that for what? So that people with a good sense of humor can pass this exquisite art to their grandchildren –– “Your grandfather really wanted you to have CryptoDickButt #2045.”
All jokes aside, CryptoDickButts has quickly become an internet sensation among the NFT circles.
Owning an NFT is different than screenshotting a JPEG - just like holding an original Rembrandt is more valuable than owning a replica. As their name suggests, NFTs are non-fungible by design. This is different from digital tokens like Bitcoin and Ethereum.
Fungible assets can be exchanged for another asset of the same type, much like BTC, ETH, or even fiat. NFTs, on the other hand, are unique assets where their ownership details are documented on the blockchain, ensuring digital scarcity and unique attributes for each asset.
But how exactly is digital scarcity being enforced?
The concept of NFTs first emerged in 2012 with the creation of Colored Coins, which could be used to represent real-world assets on the blockchain. However, Colored Coins only worked in a permitted environment, making it more similar to a database than anything else.
As the crypto industry became more popular, people have continued to experiment with the idea of a digitally scarce asset. This led to the creation of ERC-721 and ERC-1155.
The ERC-721 standard is like a set of rules for making NFTs. These actions help in making special tokens with their unique information, making them different from one another.
Behind the scenes, ERC-721 smart contracts keep a list of who owns which token, making it safe to pass tokens from one person to another. The contract also keeps count of how many tokens there are altogether and how many each person has.
As previously mentioned, CryptoDickButts NFTs are secured by the Ethereum blockchain. Ownership and transaction history are publicly visible on the Ethereum blockchain along with other important info such as the NFT's metadata.
Understanding how to access an NFT's metadata is essential for holders to grasp the specifics of what they're buying.
Metadata usually includes visual attributes like color, type, wearables, and so on. On the blockchain, it looks something like this:
CryptoDickButts have their own set of traits that make up their uniqueness. These are background, body, butt, dick, eyes, hand, hat, legendary, mouth, nose, shoes, skin, and special.
Not all dicks and butts are made equal –– some butts are wounded, reddish or gassy, while dicks can represent a tentacle, an elephant trunk, or an old sock.
Some traits are rarer than others, which makes a specific NFT stand out from the rest. For example, only 9 CryptoDickButts have a spidey dick.
Legendary CryptoDickButts are completely different from the rest of the collection. For example, CryptoDickButt #3680 looks like the Statue of Liberty. Let’s not forget Dicka Lisa, Spider-butt, and Telebutty.
Due to their Legendary status, the 14 CryptoDickButts in this category sell 20x more expensive than their common counterparts.
The CryptoDickButts NFT collection has been autogenerated. This means that out of the potential combinations, only 5,356 CryptoDickButts will ever exist!
In addition to the first 3 series, CryptoDickButts has collaborated for a 3D reboot of the first series. If the pixelated versions were somewhat PG, the 3D version is much, much more explicit. (Keep away from children!)
What is the utility of CryptoDickButts?
CryptoDickButts make for an awesome avatar pic, and that’s it!
Holding a CryptoDickButt has memetic value and gives its holders a permanent spot in the NFT Hall of Fame. There are no perks, special prizes, or whitelists for future drops… at least for now.
As the community members come together, there is a possibility that they will use the treasury to fund “stuff.”
Who created CryptoDickButts?
Conceived in 2006 by comic book artist K.C. Green, Dick Butts underwent a transformation into CryptoDickbutts—the NFT series.
K.C. Green’s previous work includes what he calls the “Question Hound,” broadly known today as the This Is Fine Dog.
In 2006, Green introduced the character "Dick Butt" in his Horribleville series, featuring an anthropomorphic phallus. The image gained unexpected popularity and went viral, spiralling out of Green's control. Not keen on associating with the audience drawn to this image, Green chose not to enforce copyright, allowing its widespread use.
Despite Dick Butt's success, it didn't bring financial gains to Green, who continued diligently creating comics. The Gunshow series, initiated in 2008, showcased Green's spontaneous and eclectic creative process. A prime example is the genesis of the 2013 comic that birthed the "This Is Fine" meme. Green reveals his approach of typing random thoughts into an empty document, capturing the essence of the meme's lines.
Fast forward to 2021, this concept was reignited by the early CryptoPunk community. As the NFT hype was starting to become mainstream, K.C. Green took a leap into the Web3 community and issued the CryptoDickButts.
Series 1 features 161 NFTs that have been released in March 2021. The mint was an instant success, with hundreds of rich Web3 enthusiasts crowding to buy a CryptoDickButt. As crazy as it sounds, people were willing to pay 2-20 ETH to get their hands on the NFT.
Currently, the floor price for CryptoDickButts sits at around 0.6 ETH, making CryptoDickButts the 97th most valuable NFT project.
Who is developing CryptoDickButts now?
From the beginning, Green has embraced a hands-off strategy for the CryptoDickButt initiative, nurturing a community-driven ethos where decisions are managed through a DAO.
CryptoDickButt holders collectively administer the project treasury which is supposed “to fund the community…stuff.“
Even though the project has no roadmap, it appears that the launch of Series 4 will introduce some changes.
Series 4 introduces an innovative ownership model that's creating a buzz in the NFT community. Unlike traditional releases, the minting for this series will continue until specific conditions are met.
A unique aspect of this release is the "passing of the torch" mechanism. Thirty days after the minting process concludes, project ownership shifts to the individual or group holding the most CryptoDickButts. This groundbreaking approach opens the door to potential changes in the project's trajectory, giving real decision-making power to the community.
The stakes are significant, as the ownership package includes the CryptoDickButts Twitter account, Discord server, all collections, a position in the multi-sig treasury, and other associated assets. The project invites interested parties to direct any questions to their Discord.
Investors are also an important component of any NFT ecosystem. Although they don’t get involved directly in the governance of the project, they do exert an influence over the brand’s expansion into the mainstream. As of 2023, CryptoDickButts hasn’t pursued any strategic funding.
How does CryptoDickButts make money?
Now, let’s get to the juicy part – how does CryptoDickButts make money?💰 (No, flipping and rug pulling are not the correct answers)
The answer to this question is strongly related to intellectual property.
Think of popular trademarks such as Mickey Mouse, Spider-Man, or Coca-Cola. Every time you see movies, books merch, or posters with them, know that the owners of the IP get a share of the profits. The same thing goes for NFT holders, in theory.
When it comes to NFTs, it’s quite challenging to fit them into the traditional framework of copyright law. To give more context, owning an NFT doesn’t mean holders have automatic control over the creative work. This creative control needs to be granted by the creator.
As such, NFT holders should pay attention to what IP rights, if any, come with owning the NFT.
K.C Green, the creator of CryptoDickButts, has authorized the use of the IP of any individual's owned skulls. This means NFT holders have full commercial rights to the art in their owned wallets. There are no monetary limits on earnings from merchandise, derivatives, or other commercial uses.
Another way of generating revenue is via royalties. The CryptoDickButts DAO collects 5% from every secondary sale. This funding goes to the project treasury where NFT holders get to vote on what to do with the money.
Despite its cheeky artwork, CryptoDickButts has snagged two partnerships.
On December 30, 2021, CryptoDickButts unveiled a collaboration with Naughty America, offering an immersive "metaverse" experience tailored for VR headset enthusiasts. This partnership introduces a virtual realm named Gooch Island on the https://fyf.com platform, providing CryptoDickButts enthusiasts with an opportunity to delve into an exceptional and imaginative encounter centered around Naughty America. VR headset users can access the site, click "create," and unlock a distinctive virtual experience.
On January 28, 2022, CryptoDickButts announced a strategic alliance with Silvr Jet. This partnership extends exclusive benefits to both OG and Series 3 CryptoDickButts NFT holders, granting them special discounts for utilizing Silvr Jet's private jets. OG holders are entitled to a 15% discount, while Series 3 holders enjoy a 10% discount. To avail themselves of these discounts, CryptoDickButts NFT holders can easily showcase their CDB by sending a direct message on Twitter or Discord.
Where can I buy CryptoDickButts?
You can buy CryptoDickButts on OpenSea.
